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'Abenomics' Report Card Due in Japan

By

Takashi Mochizuki

May 9, 2013 7:10 a.m. ET

TOKYO—The Japanese economy is expected to have logged solid growth in the first three months of this year as Prime Minister Shinzo Abe's policy aggressive monetary easing and fiscal stimulus improved sentiment, leading to an increase in consumption and capital spending, economists said.

Gross domestic product data for the January-March quarter will serve as the first report card on the "Abenomics" policy direction since the prime minister took office in December. The data will likely show that the economy...